Ford on Wednesday reported a 10.5% decline in April sales compared to a year ago, notably narrowing its losses compared to recent months.
Ford has been attempting to prioritize chip supplies for in-demand products such as the electric Mustang Mach-E crossover, which nearly doubled in sales compared to April 2021.on Wednesday reported a 10.5% decline in April sales compared to a year ago, notably narrowing its losses compared to recent months.such as a semiconductor chip shortage that has been affecting production for more than a year now. Ford's monthly U.S.
"While industry semiconductor chip shortages persist, improved inventory flow in April delivered a significant share gain of 1 percentage point over a year ago with Ford outperforming the industry," Andrew Frick, Ford vice president of sales, distribution and trucks, said in a statement. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lack of parts holds back Toyota sales in AprilToyota’s North American sales fell by 23 percent in April.
Read more »
The Morning After: Apple may have hired a longtime Ford exec for its car project | Engadget
Read more »
Private Payrolls Increased 247,000 in April, Well Below Estimate, ADP SaysCompanies added far fewer jobs than expected as the struggle to find workers to fill open positions continued, payrolls processing firm ADP reported Wednesday. Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate. That was a big decline from March, which saw an upwardly revised gain of 479,000. A dropoff in small business…
Read more »
Here's how much the Ford F-150 Lightning's home backup charging will costBased on average of 30 KwH of use per day, the F-150 Lightning with extended-range battery provides full-home power for up to three days
Read more »
Hilarious Ford F-150 NautiTruck Takes 'Driving A Boat' To A Whole New Level | CarscoopsThe vehicle combines a ski boat body with the chassis and drivetrain from a Ford F-150, but unfortunately it's not amphibious
Read more »
Tom Ford Supports Over-the-Top Met Gala Looks After Katy Perry ShadeTom Ford calls the MetGala. “a moment to express your individuality.”
Read more »